Call report 2023Q2
BANK MICHIGAN — 2023Q2
The 22 measures BANK MICHIGAN reported to the FFIEC for 2023Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 112,344,000 | USD | evidence → |
| Total loans | 89,905,000 | USD | evidence → |
| Allowance for loan losses | 1,215,000 | USD | evidence → |
| Securities available for sale | 9,215,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 95,146,000 | USD | evidence → |
| Interest-bearing deposits | 66,633,000 | USD | evidence → |
| Noninterest-bearing deposits | 28,514,000 | USD | evidence → |
| Equity capital | 9,780,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 3,009,000 | USD | evidence → |
| Interest expense | 471,000 | USD | evidence → |
| Net interest income | 2,538,000 | USD | evidence → |
| Noninterest income | 601,000 | USD | evidence → |
| Noninterest expense | 3,688,000 | USD | evidence → |
| Provision for loan losses | 43,000 | USD | evidence → |
| Pretax income | -608,000 | USD | evidence → |
| Income tax | -126,000 | USD | evidence → |
| Net income | -482,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,408,000 | USD | evidence → |
| Total capital | 10,543,000 | USD | evidence → |
| Risk-weighted assets | 90,699,000 | USD | evidence → |